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Property profile & analytics

621 Pembroke Rd Hallandale Beach, FL 33009

  • Auto shops
  • 856 SF
  • 0.15 lot acres
Value Estimation
Last Sale
Nov 12, 2024
Location Intelligence
Property ID
US18-5321591
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Auto shops

Property Details for 621 Pembroke Rd

Year built
1955
Construction
CONCRETE
Lot size
0.15 lot acres
Property size
856 SF
Zone code
WEST RAC
Property type
Auto shops
APN
51-42-21-24-0051
APU
514221240051

Description

This vacant, 950-square-foot retail lot, located at 621 W Pembroke Rd in Hallandale Beach, Florida (zip code 33009), presents a compelling redevelopment opportunity. Currently configured as a vacant auto repair shop, the property boasts a strategic corner location with two access points and significant frontage on State Road 824, experiencing over 40,000 vehicles daily. Built in 1960, the Class C building offers a substantial chance for renovation or new construction. The property is zoned B-G, making it ideal for a variety of retail uses, including a drive-through option. The asking price is $775,000, translating to $815.79 per square foot. This high-traffic location in Broward County offers excellent visibility and accessibility, making it an attractive investment for entrepreneurs seeking a prime retail space in a bustling area. The property's current condition is described as poor, presenting a blank canvas for a modern retail development. The substantial daily traffic count ensures high potential for customer engagement and business success. This is a rare opportunity to acquire a well-positioned retail lot with significant redevelopment potential in a thriving Florida market.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $320,000
  • CAP approach

    CAP return
    Estimation
    6%
    $425,000
    6.5%
    $420,000
    7%
    $390,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $375,000
    Geo Method
    $390,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $510,000
    Retail
    $505,000
    Mixed-Use
    $385,000
    Hospitality
    $465,000
    Educational
    $455,000
    Residential Income
    $420,000
    Energy
    $375,000
    Income-Based Land
    $445,000
    Food Service
    $495,000

Location Insight

  • Map
  • Local Demand
City
Hallandale Beach
County
Broward
State
Florida
Longitude
-80.1557
Latitude
25.9962
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,557
$59,940
$89,900
$149,840
-
$59,940
$89,900
$149,840
More about this property
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